292 Monrovia, Long Beach, California 90803, Long Beach, 90803 - 2 bed, 1 bath
Loading property details...
Long Beach, California 90803
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,429,713 Fair Market Value by 5%. This valuation gap offers $79,713 in Instant Equity. Featuring a Condition Rating of 2, the home includes a remodeled kitchen, new HVAC, and EV charging. Located in the Belmont Park neighborhood near top-rated schools like Lowell Elementary, this property is ideal for Owner-Occupants or first-time buyers seeking a move-in ready coastal lifestyle with future expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 292 Monrovia Subject | $1,350,000* List Price | 2 | 1 | 984 | $1,453 | - |
A 170 Park Sold | $1,280,000 | 2 | 1 | 972 | $1,317 | 0.5 mi |
B 264 Ravenna Sold | $1,560,000 | 2 | 1 | 1,169 | $1,334 | 0.7 mi |
C 130 Cordova Walk Sold | $1,495,000 | 2 | 3 | 1,104 | $1,354 | 0.9 mi |
D 5792 Campo Walk Sold | $1,232,500 | 2 | 1 | 736 | $1,675 | 0.9 mi |
E 209 Park Avenue Sold | $945,000 | 3 | 1 | 816 | $1,158 | 0.4 mi |
F 70 Saint Joseph Ave Sold | $1,530,000 | 2 | 2 | 1,134 | $1,349 | 0.7 mi |
G 158 Covina Active | $1,250,000 List Price | 2 | 1 | 1,074 | $1,164 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a fully remodeled kitchen with modern finishes and a renovated bathroom. Major systems have been updated, including a new HVAC system, new electrical panel, and EV charging. The interior and exterior are in mint, move-in-ready condition with no deferred maintenance.
Situated in the highly coveted Belmont Park neighborhood, this home offers exceptional walkability to the shops and restaurants of 2nd Street, local beaches, and top-rated schools.
The property is fully move-in ready, featuring significant capital improvements including a new HVAC system, updated electrical panel with EV charging, and a completely remodeled kitchen and bathroom.
The detached garage provides a rare creative flex space for a home office or gym, while the lot offers the valuable opportunity to build upward for future expansion.
At just 984 square feet with only one bathroom, the home's current footprint may be restrictive for larger families or those requiring more guest accommodations.
The single-car garage and compact lot size may present challenges for multi-vehicle households or those needing significant outdoor storage in a high-density coastal area.
Welcome to 292 Monrovia Avenue, a fully updated home in the highly desirable Belmont Park neighborhood of Long Beach. This move-in ready 2-bedroom, 1-bath residence blends classic charm with modern upgrades throughout. The remodeled kitchen features updated cabinetry, countertops, and finishes, while the renovated bathroom offers a fresh, contemporary feel. Additional improvements include a new HVAC system, new electrical panel, EV charging, recessed lighting, updated fireplace, new bedroom windows, and expanded bedroom closets. The light-filled interior opens to a beautifully updated backyard complete with new turf and pavers, creating the perfect space for relaxing or entertaining. Situated on a 3,910-square-foot lot, the property also features a detached single-car garage with additional space ideal for an art studio, workshop, home office, gym, or creative flex space. Looking for future potential? The property offers the opportunity to build up, making it an attractive option for long-term value. Ideally located just moments from award-winning schools, the shops and restaurants of 2nd Street, beaches, and marine waterways, this home offers the best of Belmont Park living. Opportunities like this rarely come available in Belmont Park. Fully updated, move-in ready, and offering future expansion potential, this is a rare chance to own a truly special home in one of Long Beach's most sought-after coastal neighborhoods.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 984 | 1,556.5 |
| Lot Size | 3,910 | 5,910 |
| Price | $1.35M | $1.02M |
| Price per sq ft | $1.4K | $721 |
| Built year | 1942 | 1949 |
| HOA | $0 | $240 |
| Days on market | 28 | 46 |
Jun 24, 2026
$1,350,000
Initial Listing
Jul 14, 2023
$1,045,000
Public Record